China’s growing appetite for imported petroleum coke (petcoke) is providing a boost for the smaller bulker sizes, according to a top shipbroker.
Braemer says China and India have been the key generators of petcoke demand through 2022-23. However, this year has been less active for petcokes into Turkey.
“Although imports make up the majority of petcoke burned in China, where the aluminium industry is a major consumer, the rise in inbound petcoke shipments over recent years has been eye-catching,” the broker said.
